“Cashing In on Coconuts” offers an in-depth look at the business of coconut charcoal briquettes. This report delves into how supplier companies manage their finances while making a positive impact on the environment. It serves as a valuable resource for those interested in this growing industry.
Coconut charcoal briquettes offer a more environmentally friendly option compared to regular charcoal. They are used for cooking and heating while contributing to environmental conservation. “Making Money from Coconuts” is a report that delves into the business aspects of these briquettes.
This report can be beneficial for individuals seeking to learn more about coconut charcoal briquette businesses, whether they are newcomers or existing companies. It provides insights into the opportunities and challenges of this business, functioning as a guide to understanding the industry’s operations.
To access the actual report from supplier companies, you can request the Chief Operating Officer (COO) documents. In this article, we will outline the primary costs and expenses incurred by coconut charcoal briquette suppliers:
The raw material is the primary source for creating coconut charcoal products. Coconut shells serve as the main raw material, and suppliers can either process the coconut shells themselves into coconut charcoal or purchase coconut shells that have already been converted into charcoal by scavengers. Additional materials that need to be procured include tapioca flour and water.
The machinery used for producing coconut briquettes represents a significant cost. It’s not just the machine’s purchase price; it also includes expenses related to electricity and other operational costs incurred during production.
The machines involved in the process include filtering machines, crushing machines, mixing machines, filling machines, shaping machines, cutting machines, and ovens for drying the briquettes.
Human resources, or staff, are also a crucial expense to consider. Most charcoal briquette workers in Indonesia are women, and these employees often have families. A responsible business must ensure timely payments to staff, which may include security personnel and traders.
The production process demands substantial effort. Creating products that meet importers’ standards requires both time and dedication. Efficient operational management is essential to ensure faster production, which can enhance the overall value.
Packaging is another significant cost factor for suppliers. The cost of packaging can amount to approximately 100 USD for every metric ton (100 USD/MT) of briquettes. Importers may have the option to reduce or eliminate this cost. Further details on reducing the cost of coconut charcoal briquettes can be found in our article here:
Forwarders, also known as shipping parties, incur costs related to trucking, document handling, containers, and more. These costs depend on the agreed incoterms, such as FOB or CNF. If CNF is the incoterm used, it also includes expenses associated with cargo shipment, requirements for handling dangerous goods, and more.
Additional costs encompass various aspects, including document processing, marketing and advertising efforts, company taxes, and electricity expenses, such as those related to machinery and lighting.
We hope this article provides valuable insights into the costs and expenses involved in the coconut charcoal briquette business.
